A slot is a narrow opening into which you can drop coins to make a machine work. The word is also used as a metaphor for time or place. You may use a tool to slot something into place, or someone might say that they’re in the right slot at a meeting.
An airport slot gives an airline permission to fly from a specific point in the world to a particular destination at a given time. Airlines can buy these slots if they are constrained by runway capacity or parking space, but more commonly they are awarded as part of an air traffic control system that manages flow and capacity.
A specialized area on the ice hockey rink, often called the high slot, is a prime position from which to take a slap shot at speed. A well-placed one-timer from the high slot can be devastating to a goalie.
In video slot machines, the pay table is the list of payouts and probabilities for each symbol on each reel. On older electromechanical machines, the pay table was listed on the front of the machine, usually above and below the reels. In modern slot games, the information can be found in a help menu.
The payback percentage of a slot machine can be found on the casino website or in its promotional material. The percentage can be a useful guide for players, but it is important to remember that these figures are averages. Each machine can have a different average, and even within the same game, different machines have varying payouts.